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Adani says no refinancing, liquidity issues in bid to calm jittery investors

By Sudipto Ganguly and Chris Thomas MUMBAI (Reuters) -India’s Adani group said on Tuesday that its companies face no material refinancing risk, or near-term liquidity issues, in its latest attempt to calm investors spooked by a U.S. short-seller’s critical report on its business practices. Led by billionaire Gautam Adani, the group’s seven listed companies bearing …

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London’s FTSE 100 pares gains as U.S. CPI fans rate hike fears

By Shashwat Chauhan (Reuters) -Britain’s FTSE 100 closed marginally higher on Tuesday, paring early gains as mixed U.S inflation data did little to soothe concerns about further Fed tightening, while strong gains by Vodafone drove other telecom stocks higher too. The blue-chip FTSE 100 closed up 0.08% after hitting a record high during the session, …

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Banksy’s ‘Valentine’s day mascara’ mural freezer removed by council

By Hannah McKay MARGATE, England (Reuters) -British street artist Banksy confirmed a new mural showing a 1950s housewife with a swollen eye apparently pushing a man into an abandoned chest freezer was his work early on Valentine’s Day, just hours before the appliance was removed. The artwork, which Banksy titled ‘Valentine’s day mascara’ on his …

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Deep-sea mining may disrupt whale communication, study finds

JOHANNESBURG (Reuters) -Noise produced by mining the seabed for nickel, cobalt and other metals for the green energy transition could interfere with whales’ ability to navigate the ocean depths and communicate with one another, according to a study released on Tuesday. Potato-sized rocks filled with battery metals blanket vast swathes of the ocean floor at …

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India tax officers search BBC offices weeks after critical Modi documentary

By Krishna N. Das and Kylie MacLellan NEW DELHI/LONDON (Reuters) -Indian tax officers searched the BBC’s bureaus in New Delhi and Mumbai on Tuesday, the British broadcaster said, weeks after the government banned as propaganda a BBC documentary critical of Prime Minister Narendra Modi’s role in riots in 2002. The documentary focused on the Hindu …

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U.S. military says it recovers key sensors from downed Chinese spy balloon

By Phil Stewart and Idrees Ali WASHINGTON (Reuters) – The U.S. military said on Monday it had recovered critical electronics from the suspected Chinese spy balloon downed by a U.S. fighter jet off South Carolina’s coast on Feb. 4, including key sensors presumably used for intelligence gathering. “Crews have been able to recover significant debris …

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Britain sets out legislation to regulate buy-now-pay-later credit

By Huw Jones LONDON (Reuters) -Britain on Tuesday set out draft legislation to regulate “buy now pay later” (BNPL) credit, saying the sector posed potential harm to consumers without thorough affordability checks. BNPL companies are largely unregulated and typically offer on-the-spot interest-free short-term loans that spread payments for retail goods like clothing. The sector nearly …

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